Archive for category: Press Release

Washington, DC) — The decision by the Public Service Commission of the District of Columbia Wednesday, August 25 to deny the Pepco/Exelon merger is a devastating blow to the minority business community and residents in the Washington, DC metropolitan area. “Economic growth is vital to this region’s economy. Minority businesses significantly contribute financial support to the community. We create jobs, provide training to employees, and are a source of substantial income for vendors,” says Dr. Sheila Brooks, president of The Presidents’ RoundTable, an organization of African American entrepreneurs which oversees and controls assets exceeding $1.1 billion and employs more than 1750 workers in the Washington, DC metro area. Dr. Brooks, also a business owner for 25 years in Washington, D.C. adds, “As business leaders, we believe the community has suffered a substantial financial loss to the future and betterment of the community”.

Exelon has a longstanding commitment to supplier diversity. Minority suppliers in the Washington, DC metropolitan area have experienced significant growth and have become more competitive in the region since the Exelon/BGE merger two years ago. At a time when there was doubt and uncertainty in the Baltimore community, minority entrepreneurs agree that the Exelon/BGE merger created excitement and has helped turn the economy around. BGE’s approval rating increased. Power outages are down and customers have more reliable service. Member businesses of The Presidents’ RoundTable, its employees, community residents, and others have had a real impact on this region’s economy.

Should Exelon/Pepco appeal the decision within the required 30 days, the organization’s members are hopeful the Public Service Commission of the District of Columbia reconsiders its decision and approves the merger.

BALTIMORE (Nov. 7, 2014) — BGE Chief Executive Officer Calvin G. Butler Jr., was recognized for his support of regional minority and women-owned businesses by The Presidents’ RoundTable (PRT), an organization of African American entrepreneurs in the Baltimore and Washington D.C. region. The PRT, in conjunction with the organization’s charitable arm, the PRT Reach Foundation, presented Butler with the “Corporate Executive Trailblazer Award” at the organization’s annual scholarship award ceremony in Baltimore.

Butler was cited for his role in the development of the “Focus 25” program at BGE, an initiative to build the pool of diverse business partners for BGE by providing minority, women and veteran-owned businesses an in-depth overview of the company’s business processes along with access to company executives for insight on how to be a successful partner.

“Calvin Butler exemplifies the vision and mission of The Presidents’ RoundTable, to create opportunities and partnerships for success, growth and sustainability for diverse suppliers,” said Sheila Brooks, Founder, President and CEO of SRB Communications, LLC, who also serves as the president of PRT. “We are proud to honor Calvin for his accomplishments and achievements, in particular, his relentless commitment to support minority businesses that contribute to the economic vitality of the state of Maryland and our communities.”

Butler accepted the Trailblazer award on behalf of BGE. “We have been working hard to ensure we build fruitful partnerships across all segments of BGE’s customer base,” said Butler. “This recognition from The Presidents’ RoundTable, an organization committed to business growth and community development, is very meaningful to me and to BGE. It inspires us to continue strengthening our partnerships in ways that can benefit our entire region.”

BGE was also recently named the “Corporation of the Year” by the Capital Region Minority Supplier Development Council for the increase in the number of diverse suppliers in its procurement program as well as the overall dollars spent with these suppliers.

For more information on BGE’s commitment to diversity and inclusion, visit bge.com.